US production of associated dissolved natural gas, also known as associated natural gas, increased by 6 per cent last year, mirroring the growth in crude oil production from the Permian region.
Saudi oil giant Aramco has announced 17 MoUs and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Group Companies. These are aimed at supporting Aramco’s strategic growth objectives while enhancing its shareholder value.
Uncertainty over whether the war involving Iran, the United States and Israel will resume has deepened anxiety across the Gulf, where residents are watching developments closely, weighing travel plans and wondering if daily routines could again be disrupted.
Terra-Gen, one of the largest independent, integrated renewable energy producers in the US, jointly owned by Masdar and Igneo Infrastructure Partners, announced the commissioning of the Monte Cristo I Windpower Project.
US direct investment in Dubai reached AED14.3 billion ($3.89 billion) in the first half of 2025, which is double of the total US investment in the emirate during 2024, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, has said.
Topsoe, a provider of advanced technology and solutions for the energy transition, has been selected to deliver three of its advanced technologies, as well as catalysts and equipment, for NXTClean Fuels’ Port Westward project in Clatskanie, Oregon.
Two Indian refiners have purchased 5 million barrels of crude oil from spot markets, seeking alternatives to Russian supplies. Hindustan Petroleum acquired 2 million barrels each of US West Texas Intermediate and Abu Dhabi's Murban crude, while Mangalore Refinery and Petrochemicals bought 1 million barrels of Basra Medium crude.
Rubio says Trump prefers diplomatic solution but has not ruled out military action as Tehran warns of immediate response to any new attack
The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million barrels per day (mmb/d) in both 2025 and 2026, both slightly higher than the agency’s September forecast.
Oil prices rose on Monday (October 5), supported by renewed concerns over potential disruptions to crude supplies from the Middle East. Brent crude futures gained 81 cents, or 0.79 per cent, to reach $103.06 a barrel by 2202 GMT.
